September 2023 Market Stats – GVA

Climbing Prices and Shifting Tides: A Glimpse into Greater Vancouver’s Q3 Real Estate Landscape

REBGV Market Activity – September 2023

As the third quarter of 2023 drew to a close, Greater Vancouver witnessed a notable uptick in home sale prices, with the average now standing at $1,303,904. This reflects a year-over-year increase of $70,107, marking substantial 5.6% growth. The aggregate home sale price has surpassed the 1.3 million-dollar mark for only the second time this year, attracting sellers back into the market. Also of note however, Greater Vancouver saw a surge in new property listings in September resulting in a peak of 10,628 active listings, the highest level… more